Metlife v. Glenn: How Much Did The Supreme Court Change The Standard Of Review In ERISA
Mondaq Business Briefing › United States Law Articles in English (2008)
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Mondaq Business Briefing › United States Law Articles in English (2008)
Linked as:Extract
Metlife v. Glenn: How Much Did The Supreme Court Change The Standard Of Review In ERISA
A new MetLife blimp sailed into view last week, and this one
is likely to hover over the employee benefit playing field for years to come. In MetLife v. Glenn, the Supreme Court ruled that employers and insurers who both administer benefit claims and fund the benefits in question face a conflict of interest and that a reviewing court must take the conflict of interest into account in deciding whether the administrator abused its discretion.1 How much the Court's decision will impact the standard of review in ERISA cases remains to be seen. How We Got Here Nearly 20 years ago, the Supreme Court established the standard for judicial review of benefit determinations by plan administrators or other fiduciaries under the Employee Retirement Income Security Act of 1974...See the full content of this document
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